COMMERCIAL REAL ESTATE'S ECONOMIC ADVISORS

This week’s Rental Housing Weekly Briefing examines RealPage data showing that apartment demand and occupancy improved in the second quarter as new supply continued to pull back, alongside Trepp analysis showing that Sun Belt multifamily credit stress remains elevated but more nuanced than headline regional comparisons suggest, and Chandan Economics research on why work-from-home renters have become less rent-burdened since 2020.

Renter households that work from home have seen lower median rent burdens since 2020. But the data suggest that this is less about remote workers moving into cheaper housing and more about higher-income renters being more likely to work from home.

This week’s Rental Housing Weekly Briefing examines NMHC’s June 2026 Quarterly Survey of Apartment Construction & Development Activity, which shows a multifamily development market that remains broadly stable but constrained, alongside the June jobs report, which points to renewed labor market softness and a still-restrictive interest rate outlook for rental housing.

June’s jobs report softens the likelihood of a near-term rate hike as the labor market’s sluggishness comes back into view.

This week’s Rental Housing Weekly Briefing examines renewed pressure in apartment property valuations alongside Chandan Economics-RentRedi data showing that mom-and-pop rent collections are stabilizing, though late-payment activity remains elevated.

The June 2026 Independent Landlord Rental Performance Report from Chandan Economics and RentRedi shows rent collections stabilizing, though the recovery has become more uneven. On-time payments were little changed from May, late-payment pressure turned higher again, and full-payment resolution remained relatively firm.

This week’s Rental Housing Weekly Briefing examines signs of stabilization in multifamily rent growth, the latest Arbor-Chandan single-family rental investment trends, and a sharp pullback in multifamily housing starts.

NYC rent growth accelerated broadly in May, with Manhattan continuing to lead annual gains while stronger short-term momentum spread across all five boroughs.

National multifamily rent growth rose to 1.2% in May 2026 as monthly momentum and market breadth improved. While rent growth remains subdued nationally, several Midwest, Northeast, and coastal markets continue to outperform, highlighting the increasingly localized nature of apartment market conditions.